Mullen Group Ltd. (OTCMKTS:MLLGF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Mullen Group Ltd. (OTCMKTS:MLLGF) have received an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of analysts have recently issued reports on MLLGF shares. Raymond James Financial cut Mullen Group from an “outperform” rating to a “market perform” rating in a research report on Monday, December 8th. TD Securities reiterated a “buy” rating on shares of Mullen Group in a research note on Thursday, October 23rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Mullen Group in a report on Thursday, October 23rd.

Mullen Group Price Performance

Mullen Group stock opened at $11.34 on Friday. The business has a 50 day moving average price of $10.40 and a two-hundred day moving average price of $10.16. Mullen Group has a 12 month low of $8.50 and a 12 month high of $11.37.

About Mullen Group

Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment offers full truckload, specialized transportation, warehousing, and fulfillment centers that handle e-commerce transactions and transload facilities for intermodal and bulk shipments; technology solutions, including transportation, inventory, and warehouse management systems; and warehousing and distribution services.